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Stages of a Freelancing Business

Stage 2:  Infancy

 

WAHMs:  Do you remember bringing your baby home for the first time?  It was probably both exciting and nerve racking with more questions than answers.  Is the house safe enough?  Did we remember everything?  Will I be a good mom? 

 

A New Business is like Caring for a New Baby

 

So you’ve decided to start your business.  You’ve declared yourself a freelancer to the world, now what?  Where do you start?  How do you find clients?  How do you market yourself?  Where are the best resources?  Are you doing the right things?

 

No one will really know the answers to your questions, except you.  You’ll find yourself researching continuously and seeking out everyone you know who might have the one tidbit you need to make it all make sense.  The reality is that it’s all good information, but if you don’t stop to determine the criteria for what’s right for you, you’ll get lost in the maze of ‘how to advise’ and wind up taking unnecessary detours.

 

What is Your VPV Statement?

 

Your Vision, Purpose & Values Statement is your key to focusing your efforts and creating a solid foundation upon which your business can grow and thrive.  It will be your guiding light when decisions need to be made, and the inspiration for each new step you take.

 

1.     Vision answers the question, ‘What is the dream?’  Journal about this until you can get it into a 10-15 word sentence.  It will see like a generalization, but that will allow you the flexibility to express it in a variety of ways as your business matures.  Think about it this way:  as a WAHM, you know there’s a certain spark in your child that is all their own – no matter how old they get, it will be there.  The only thing that changes is how that spark is expressed at different times.  Your Vision Statement is the articulation of the spark for your business.

 

2.     Purpose answers the question, ‘How is the vision fulfilled?’  This is going to be 3 to 5 ways that your vision is expressed that will remain constant no matter what the stage of your business might be.  Again, just like your child, your business has a few specific ways in which it will express itself most easily.  For example, I was always a writer, my son is a talker, and my daughter is a drawer.  It’s the strongest and most effortless modes of expression.  It may also include who you’re trying to reach most often.  Statements like, ‘working with leaders and teachers to enhance their ability to share their wisdom through the written word’ might be a part of your Purpose Statement.

 

3.     Values answers the question, ‘What does my business stand for & how does it/I/we behave ethically?’  One of my Values Statements for my business looks like, ‘Leadership in the World through Relationships, Balance and Internal Integrity.’  Values are 1 or 2 word phrases that express our most inherent beliefs.  My business is more similar to my child than me however, so I respect that although I am a part of it, it has its own identity as well.  This statement will serve to guide me, as well as any employees I might decide to have later.  In that way, it will keep the intention of the business on track through time – whether I’m in it or not.

 

With your business in its infancy, now is the time to spend considering your VPV statement.  It is a process that you’ll want to explore on a regular basis.  When you have it, you’ll know.  That’ll be the time when saying ‘no’ to something is just as easy as saying ‘yes’ to it, and there’s no doubt in your mind it’s the right choice for the health and growth of your baby business.

 

 

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